“The Swiss president headed to the U.S. in a last-ditch effort to head off punishing tariffs that threaten to cripple key sectors of the country's export-reliant economy.
President Trump's recent decision to impose a 39% levy -- one of the highest in the world -- stunned the Alpine nation and upended months of negotiations in which Swiss officials believed they were on the verge of securing a favorable deal.
The aim of President Karin Keller-Sutter's trip Tuesday was to "facilitate meetings with the U.S. authorities at short notice and hold talks with a view to improving the tariff situation for Switzerland," the Swiss government said.
If the tariffs stay at 39%, it would put the nation at a steep disadvantage to European Union neighbors that last month managed to clinch a 15% tariff deal with Trump. The U.K. also has managed to agree lower levies, at 10%, while other big exporters such as Japan and South Korea negotiated a 15% rate.
The EU agreed as part of the deal reached last month to buy $750 billion of energy products from the U.S.” [1]
1. U.S. News: Swiss Make Bid To Avoid Tariffs. Kantchev, Georgi. Wall Street Journal, Eastern edition; New York, N.Y.. 06 Aug 2025: A2.
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